Individual and companies involved in the investigations of Carwash, an alleged pay-to-play scheme, agreed to give back to Brazil’s government close to 2.4 billion reais ($622 million), O Globo newspapers said.
The money is part of 31 lawsuits within Brazil’s judiciary system in which companies and individuals accused of bribery agreed to return funds, according to a report published Sunday. Carwash is under investigation by Brazilian prosecutors and police in connection with alleged kickbacks, bribes and inflated construction contracts involving state-controlled oil producer Petroleo Brasileiro SA.
The money will be initially held by Brazil’s prosecutors, o Globo said. Petrobras alone has already received 296 million reais transferred by local judges, the report said.